McKnight's January 6, 2023
(Fourth and final in a series on providers’ attitudes and concerns about operating conditions in 2023.)
More skilled nursing providers are embracing Institutional Special Needs Plans by joining existing programs or creating their own as enrollment in other Medicare Advantage plans threatens to surpass half of all Medicare beneficiaries in 2023.
The McKnight’s 2023 Outlook Survey found 63% of responding owners, executives and administrators said their organization currently participate in or have their own managed care or Medicare Advantage program, such as an Institutional Special Needs Plan (I-SNP).
Last year, some 55% of owners told McKnight’s they expected to be “more involved with managed care” in 2023. This year, that fell to 38%. But the newer figure may reflect a...
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